DESTEN Launches Ultra-Fast Charging Lithium Iron-Phosphate Battery, the First LFP Cell Capable of Charging in 6 Minutes
PALO ALTO, Calif.–(BUSINESS WIRE)–DESTEN Inc., an advanced lithium-ion battery technology company, announced the launch of the latest cell technology advancement, an Ultra-Fast Charging, 6C LFP (Lithium Iron Phosphate) cell. The latest pouch form-factor cell from DESTEN is capable of charging from 20% to 80% SOC in 6 minutes. Owing to its LFP based chemistry, this […]
Fisker’s New Distribution Strategy Increases Sales and Deliveries to Over 100 Vehicles Per Day
Fisker has changed its distribution strategy to rapidly increase global sales and deliveries of the Fisker Ocean SUV On Thursday, Nov. 16, Fisker set a new milestone of 107 vehicle deliveries in a single day. LOS ANGELES–(BUSINESS WIRE)– This one-day total of deliveries equates to revenue of over $7.5 million. “This result proves that our […]
Joby Receives CalCompetes Grant to Support California Facility Expansion and 690 New Jobs
$9.8m grant will support expansion of manufacturing footprint in Marina, CA State funding will support creation of 690 new roles statewide Enables an acceleration of early manufacturing to support initial commercial operations, targeted for 2025 SANTA CRUZ, Calif.–(BUSINESS WIRE)–Joby Aviation, Inc. (NYSE:JOBY), a company developing electric vertical take-off and landing (eVTOL) aircraft for commercial passenger […]
Exploring the Cutting-Edge Safety Features of VinFast VF 8
MARKHAM, Ontario–(BUSINESS WIRE)–Car buyers are increasingly prioritizing safety features when purchasing a vehicle. According to VinFast, the emerging Vietnamese automaker, understands this demand and has taken significant steps to ensure its vehicles are built to protect. Specifically, the VinFast VF 8 has received 5-star ASEAN NCAP rating and complied with all applicable Federal Motor Vehicle […]
Electra Reports Q3 2023 Results and Provides Update on Battery Material Refinery Project
TORONTO–(BUSINESS WIRE)–Electra Battery Materials Corporation (NASDAQ: ELBM; TSX-V: ELBM) (“Electra” or the “Company”) today reported its financial results for the three- and nine-month periods ended September 30, 2023, and provided an update on the commissioning of its cobalt refinery and its black mass recycling trial. All amounts are in Canadian currency unless otherwise stated. “Against […]
ChargePoint Provides Certain Preliminary Third Quarter Financial Results and Schedules Earnings Call for December 6, 2023
CAMPBELL, Calif.–(BUSINESS WIRE)– As announced separately and effective today, ChargePoint has appointed Rick Wilmer as President and Chief Executive Officer and named Mansi Khetani as Interim Chief Financial Officer. “Our core markets of North America and Europe both came under pressure late in the third quarter, with revenue falling far short of expectations. Overall macroeconomic […]
Mercedes-Benz launches first EV charging hub in North America; Network aims to deliver a fast, reliable, premium charging experience for drivers of all EV brands.
First Mercedes-Benz Charging Hub in North America located at Mercedes-Benz USA Headquarters in Sandy Springs, GA. Additional charging hubs to open across Texas and the Southeast by the end of 2023. Over $1 billion financial commitment by Mercedes-Benz and MN8 Energy to build North America’s fastest EV charging network by the end of the decade. […]
Aperia Technologies Redefines Fleet Tire Management with Vehicle Asset Tracking on Halo Tire Management® Platform
HAYWARD, Calif.–(BUSINESS WIRE)– “Data-driven decision-making is paramount in fleet management,” said Judith Monte, vice president at Aperia Technologies. “Since tires are the leading cause of unplanned asset downtime, understanding when and where they need servicing is crucial to maximize the utilization of tractors, trailers, and tires.” By coupling precise vehicle location, including high fidelity and […]
taq Automotive Intelligence Drives Vehicle Leasing to the 21st Century
MARKHAM, Ontario–(BUSINESS WIRE)–Vehicle leasing is about to get driven in to the 21st century. In an era where digital transformation is reshaping the auto industry, taq Automotive Intelligence is set to modernize the antiquated leasing process with the implementation of a state-of-the-art digital platform for strategic customer SCI Lease Corp. “We are excited to collaborate […]
SiLC Secures $25 Million in Additional Funding to Advance Machine Vision for AI Applications
MONROVIA, Calif.–(BUSINESS WIRE)– The new funding announcement comes on the heels of SiLC’s most recent introduction of four versions of its FMCW LiDAR-based EyeonicTM Vision System. Bridging the artificial intelligence (AI) gap for machine vision, SiLC has engineered the Eyeonic Vision System for vision detection capabilities that span from short distances to over 1 km. […]
